Conduit Holdings Limited Director/PDMR Shareholding (7257R)
November 09 2021 - 1:00AM
UK Regulatory
TIDMCRE
RNS Number : 7257R
Conduit Holdings Limited
09 November 2021
This announcement contains inside information for the purpose of
the Market Abuse Regulation (EU) No 596/2014 (which forms part of
UK domestic law pursuant to the European Union (Withdrawal) Act
2018, as amended)
Conduit Holdings Limited ("Conduit Holdings")
Hamilton, Bermuda 9 November 2021
PDMR Notification
Conduit Holdings today announces that on 4th November 2021, Neil
Eckert a Director and person discharging managerial
responsibilities in Conduit Holdings ("PDMR") together with a
person closely associated with him acquired 67,111 Conduit Holdings
common shares of par value $0.01 per share each at a price of
455.84 pence per share. Neil's portion of the acquired shares is
31,238 and his total current shareholding ownership interest in
Conduit Holdings Limited now stands at 618,645 common shares.
PDMR Notification of Dealing Form: The notification below, made
in accordance with the requirements of the Market Abuse Regulation
(EU) 596/2014 (which forms part of UK domestic law pursuant to the
European Union (Withdrawal) Act 2018, as amended), provides further
details of the transaction.
1 Details of the person discharging managerial responsibilities ("PDMR") / person closely associated
("PCA")
a) Name Neil Eckert and Nicola Eckert
------------------------------------------------- ----------------------------------------------------
2 Reason for the Notification
-------------------------------------------------------------------------------------------------------
a) Position/status Neil Eckert - PDMR and Director Nicola Eckert - PCA
------------------------------------------------- ----------------------------------------------------
b) Initial notification/amendment Initial notification
------------------------------------------------- ----------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
-------------------------------------------------------------------------------------------------------
a) Name Conduit Holdings Limited
------------------------------------------------- ----------------------------------------------------
b) LEI 213800VO4O83JVSSOX33
------------------------------------------------- ----------------------------------------------------
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
-------------------------------------------------------------------------------------------------------
a) Description of the Financial instrument, type of Common Shares of $0.01 par value
instrument
------------------------------------------------- ----------------------------------------------------
Identification code ISIN BMG243851091
SEDOL BN133N2
------------------------------------------------- ----------------------------------------------------
b) Nature of the Transaction Acquisition of Shares
------------------------------------------------- ----------------------------------------------------
c) Price(s) and volume(s) Price(s)
GBP 4.5584
Volume(s)
67,111
------------------------------------------------- ----------------------------------------------------
d) Aggregated information 67,111 Common Shares in aggregate
GBP 305,918.78 aggregated total
Aggregated volume
GBP 4.5584 per Common Share
Price
------------------------------------------------- ----------------------------------------------------
e) Date of the transaction 4 November 2021
------------------------------------------------- ----------------------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
------------------------------------------------- ----------------------------------------------------
ENDS
Contacts
Media: David Haggie, Caroline Klein, Haggie Partners +44 (0) 207
562 4444 ConduitRe@haggie.co.uk
Other: info@conduitreinsurance.com
Website
Further details of the Conduit Group can be found at its
website: https://conduitreinsurance.com/
Notes to Editors
About Conduit Re
Conduit Holdings is a pure play global reinsurance business
based in Bermuda. Its main operating subsidiary Conduit Reinsurance
Limited, is licensed by the Bermuda Monetary Authority as a Class 4
reinsurer. A.M. Best has assigned a Financial Strength Rating of A-
(Excellent) and a Long-Term Issuer Credit Rating of "a-" to Conduit
Reinsurance Limited. The outlook assigned to these Credit Ratings
(ratings) is stable.
Learn more:
Web: https://conduitreinsurance.com/
LinkedIn: https://www.linkedin.com/company/conduit-re
Twitter: https://twitter.com/Conduit_Re
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END
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